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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Cornstock who wrote (36091)6/27/2000 8:34:00 AM
From: Magnatizer  Respond to of 79308
 
Peg

Thank you for the nice words.

ht
Mag



To: Cornstock who wrote (36091)7/1/2000 4:44:30 PM
From: bdog  Respond to of 79308
 
lol Peg.

there, now i can post [put in a hard enter after first line]

Peg, you are the queen mother of this thread. thanks and I do hope to meet you some day.

we can have our own little dunce round table...>g<
bdog



To: Cornstock who wrote (36091)7/2/2000 1:46:43 AM
From: Doug R  Respond to of 79308
 
Peg,<p><br>
Quite a statement there. I second every bit of it (except for the FA part >>gg<<).<br><br>
The people here are amazing. It takes a real drive to learn in order to understand the processes of the market. Those who have taken the steps to learn are to be congratulated.<br><br>
Then there's the people who take that learning and push the envelope by innovating. Amazing stuff.<br><br>
Ok...now on to "stuff"<br><br>
My buy of ADTK above the IL teaches me once again that one of the most important aspects of successful trading is avoiding mistakes.<br><br>
ADTK's IL stuff is classic. It comes out of a H&S formation. Price banged against it twice before gapping over it. The ACT and IL are parallel. There's quite a significant % distance to the ACT. <br><br>
I'm going to short it, cover at the ACT and go long there for the RR.<p><br>
Now to decide whether to short it with a "managed" approach (1/5 entry to start and adding into further upside), a nimble approach (wait for blowoff volume and jump in) or a safe approach (wait for a trendline breakdown).<p>

Doug R